Many business owners and their accountants are absolutely fixated on minimizing taxes by showing no income. But this can be misguided planning for trying to get top dollar when selling the company. Business owners need to realize valuation is usually determined by a multiple of identifiable cash flow and that… Read More »Tip #33 Minimizing income taxes – short term strategy or long term mistake?
Arizona leads with the state with the most female Governors. Interesting to see if 2022 brings another to Arizona.
A huge THANK YOU to Ron West for having Scott Bushkie and I on the Business Brokerage Press to provide a quarterly Industry Update using the 2021 Q1 Market Pulse results. In this segment, we discuss deals that include working capital. Music: Good Vibe by Ketsa #IBBA #MASOURCE #MarketPulse
As outlined by the U.S. Bureau of Labor Statistics: Total separations includes quits, layoffs and discharges, and other separations. Quits are generally voluntary separations initiated by the employee. Therefore, the quits rate can serve as a measure of workers’ willingness or ability to leave jobs.
A huge THANK YOU to Ron West for having Scott Bushkie and I on the Business Brokerage Press to provide a quarterly Industry Update using the 2021 Q1 Market Pulse results. In this segment, we discuss what the multiples of EBIDTA (Earnings Before Interest, Taxes, Depreciation, and Amortization) were paid in Q1. Music: Good Vibe… Read More »2021-06-24-09 Business Sale Multiples in Q1 2021 – EBITDA
Business owners are burned out, worn out, and past ready to get out. More than 1 in 4 business owners who put their business on the market this spring did so because of burnout according to the first-quarter survey of business brokers and M&A advisors conducted by IBBA and M&A… Read More »More Business Owners Selling Due to Burnout
The leisure and hospitality sector once again led the job gains, adding 380,000 payrolls, with restaurants and drinking places accounting for the lion’s share of that total (+253,000). Notable gains also occured in local government education (+221,000), education and health care (+87,000) and professional and business services (+60,000), as those… Read More »State of the Job Recovery
Current forecast from The Wedding Report based on June 2021 survey of 2229 consumers and 283 businesses: 2021 – 1.93 million weddings with an average spend of $22.5k2022 – 2.47 million weddings with an average spend of $24.3k 2023 – 2.24 million weddings with an average spend of $24.9k From: https://wedding.report/index.cfm/action/blog/view/post/pid/1606/title/2021_Covid_19_Wedding_Market_Update
“It is impossible to live without failing at something, unless you live so cautiously that you might as well not have lived at all, in which case, you fail by default.” – JK Rowling, author Joanne Rowling born 31 July 1965), better known by her pen name J. K. Rowling, is a… Read More »Monday Mojo – JK Rawlins
With spending up and debt down it can only mean that consumers are paying off their outstanding debt. Credit card balances reflect a combination of revolving debt, which are the balances the consumers carry from billing period to billing period, and transactions, which are consumer purchases that get paid off… Read More »Aggregate Balances of all Credit Cards in the U.S.